XFLTX

About XFLTX

XAI Octagon Floating Rate & Alternative Income Trust is a diversified closed-end management investment company designed to deliver total return with an emphasis on current income across credit cycles. The trust primarily invests in a dynamically managed portfolio of floating-rate credit instruments—such as senior secured loans—and other structured credit assets within private and public credit markets. Managed in partnership with Octagon Credit Investors, it targets exposure to below-investment-grade corporate credit and collateralized loan obligations while seeking to benefit from the rate-resetting nature of floating-rate securities. The vehicle plays a niche role in the market by aggregating access to leveraged loan and alternative income strategies typically associated with institutional credit, offering investors a single vehicle to gain diversified exposure to floating-rate and structured credit risk. As a closed-end fund, it issues a fixed pool of shares and may trade at a premium or discount to net asset value, reflecting supply–demand dynamics and market sentiment toward credit conditions and yield. Established in 2017, it is advised by XA Investments and draws on Octagon’s specialized underwriting and portfolio management expertise in leveraged finance and CLOs.